This study examines the effects of foreign direct investment (FDI) and equity foreign portfolio
investment (EFPI) on economic growth using data on 80 countries from 1979 through 1998. …

The absence of continuous regime type measures that focus on institutions rather than
outcomes besets studies on whether democratic or authoritarian regimes grow faster. Additional …

In contrast to the empirical literature's focus on foreign direct investment (FDI), this study
examines the effects of foreign portfolio investment (FPI) and" other" foreign investment (OFI) on …

Recent literature argues that stock market liberalisation has positive long- and short-run
effects on macroeconomic growth and private investment, respectively. However, given a …

Some studies have argued that monetary policy affects stock market performance over
monthly or quarterly horizons, which has important implications for both investors and central …

Several studies report an empirical link between changes in monetary policy and short-as
well as long-run stock market performance in the United States. Such findings are germane …

This paper decomposes nominal Treasury yields into expected real rates, expected inflation
rates, real risk premiums, and inflation risk premiums by separately calibrating a three-factor …

Recent research suggests a persistent empirical relation between US monetary policy and
stock returns since the mid-1980s. The findings seem questionable and incomplete, however, …

Do institutions help explain macroeconomic performance? This article addresses two issues.
First, especially given the practical implications of the literature, measurement of institutions …

A growing empirical literature addresses the determinants of the sacrifice ratio, an imperfect
measure of the tradeoff between inflation and aggregate output. This study endeavors to …